The trade could also help Toronto lure in a free agent. Steve Nash is reportedly interested in returning to his native Canada to finish out his career. The ability to join forces with Gasol might be the deciding factor in where Nash decides to sign.

The Lakers could insist that the Raptors include another player, but Calderon and the pick would probably be enough to get the job done. The deal works under the current salary cap rules because of the trade exception L.A. received from trading Lamar Odom in December.